38, REEVE DRIVE, KENILWORTH, CV8 2GA - £339,000

Based on the January 2025 Price Paid Data (released on 3rd March 2025), the December 2024 House Price Index (released on 19th February 2025), and the January 2025 Energy Performance of Buildings Data (released on 27th February 2025). Sources

38 REEVE DRIVE is a very small extended detached house of 88m², built sometime between 1996 and 2002, which could now be worth an estimated £401,742. It was last sold for £339,000 in July 2020, which was around 37% below the average July 2020 detached price in the Warwick local authority area. The most recent EPC inspection was June 2014, where the current energy rating was D, and the potential energy rating was B.

38 REEVE DRIVE Sold Prices

Land registry data shows four sales for 38 REEVE DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average detached price in the Warwick local authority area for the corresponding sale date. All of the four 38 REEVE DRIVE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 29 JUL	£339,000	£535,355	37% below HPI
2015 4 MAR	£295,000	£425,599	31% below HPI
2002 28 JUN	£161,000	£242,632	34% below HPI
1997 31 OCT	£99,995	£141,484	29% below HPI

38 REEVE DRIVE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Warwick local authority area over time, sourced from the HPI. The four 38 REEVE DRIVE sales between October 1997 and July 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the March 2015 sale was for 31% below the HPI. So the extrapolation line tracks at 31% below the HPI over time, until the July 2020 sale, where it falls to 37% below the HPI. The line then continues to track at 37% below the HPI.

What might 38 REEVE DRIVE be worth now?

38 REEVE DRIVE might now be worth an estimated £401,742.

This is based on house price inflation of 18.5%, between July 2020 and December 2024, for detached houses, in the Warwick local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 18.5% inflationary increase is applied to the most recent sale price for 38 REEVE DRIVE of £339,000 on 29th July 2020. For the value to have increased from £339,000 to £401,742 over the three years and seven months to December 2024, the following assumptions must hold true:

• The value of 38 REEVE DRIVE has moved in line with the HPI for detached houses in the Warwick local authority area.
• The July 2020 sale price of £339,000 represented a fair market value for the property.
• The size, condition, and specification of 38 REEVE DRIVE has not materially changed since July 2020.

How Large is 38 REEVE DRIVE?

38 REEVE DRIVE is 88m², which includes one extension, according to the EPC inspection conducted in June 2014. This puts it in the smallest 20% of detached houses houses in Kenilworth, based on EPC data. The below chart shows the distribution of detached houses houses by size in Kenilworth, and where 38 REEVE DRIVE lies on this distribution: 12% of detached houses houses are smaller than 38 REEVE DRIVE, and 87% of houses are larger. Note that EPC data is not available for all properties in Kenilworth.

38 REEVE DRIVE: Plot and Title Map

38 REEVE DRIVE sits on a plot of roughly 0.046 of an acre, or 185m². The below map shows the location of 38 REEVE DRIVE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 38 REEVE DRIVE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 38 REEVE DRIVE?

38 REEVE DRIVE is located in KENILWORTH, in the CV8 postcode district. The below map shows the position of No. 38 on REEVE DRIVE.